77 S Bicycle Path
About This Property
Step inside to find fresh paint, new Pergo flooring, recessed lighting, and raised panel doors creating a bright and inviting atmosphere. The spacious layout features an eat-in kitchen perfect for casual meals, along with a formal dining room ideal for entertaining guests and holiday gatherings.
Additional highlights include a 6-year-young single-layer roof, updated siding, in ground sprinkler system, PVC fencing for added privacy, and an oversized driveway leading to a one-car garage with convenient entry directly into the home. Washer/dryer located in garage with plenty of room to allow for car and/or storage.
With generous living space, modern updates, and a prime location in Selden Oaks, this move-in-ready ranch is ready to welcome its next owners home!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017